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Chris Markoch

UNCOVERED: Why openai s ipo plans could be a massive win for microsoft | History Defined

OpenAI is in the news for several reasons, mostly centered around its plans to go public. The company is pursuing an initial public offering (IPO) that would value the company at around $1 trillion. That’s caused Elon Musk to take OpenAI to court on the grounds that the company, of which Musk was a co-founder, has betrayed its mission by moving from a nonprofit to a for-profit structure.

Lost in that noise is the news that OpenAI and Microsoft Corp. (NASDAQ: MSFT) have reframed their partnership. Microsoft will remain OpenAI’s primary partner, but OpenAI can now scale across multiple cloud platforms.

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